Author: Investor Empires
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German Government Moves Millions in Bitcoin to Exchanges
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The German government transferred millions of seized bitcoins to major bitcoin and cryptocurrency exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham. The transfers originated from a wallet linked to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized nearly 50,000 bitcoins from a movie piracy…
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German Government Moves Millions in Bitcoin to Exchanges
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The German government transferred millions of seized bitcoins to major bitcoin and cryptocurrency exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham. The transfers originated from a wallet linked to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized nearly 50,000 bitcoins from a movie piracy…
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Micron’s Selloff Highlights Risk of Sky-High AI Expectations
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(Bloomberg) — Micron Technology Inc.’s sell-off sent… Yet the results are a fresh reminder to global investors about the risks inherent in bets on AI chip makers. Most read from Bloomberg Days after leading artificial intelligence chip maker Nvidia Corp fell nearly half a trillion dollars, Micron shares fell about…
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In race to regain rare earth glory, Europe falls short on mineral goals By Reuters
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Written by Eric Onstad LONDON (Reuters) – Four decades ago, a rare earths processing plant on France’s Atlantic coast was one of the world’s largest, producing materials used to make colour televisions, arc lights and camera lenses. Its current owner Solvay (EBR:) is racing against time to restore its La…
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Key Support Levels to Monitor
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Bitcoin price failed to recover above the $62,500 resistance area. BTC is showing bearish signs and may fall back below the $60,000 support level. Bitcoin struggled to recover above the $62,200 and $62,500 levels. The price is trading below the $62,000 level and the 100 hourly simple moving average. A…
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Carlyle, KKR win auction for Discover Financial’s $10B student loan portfolio – FT
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JHVEPhoto/iStock Editorial via Getty Images Private equity firm Carlyle (CG) and KKR (KKR) won an auction for Discover Financial’s (NYSE: DFS) $10 Billion Student Loan Book. The private equity firm’s joint bid beat out a competing bid from Sixth Street, BlackRock (BLK) and Canada. Pension Plan Investment Board, with the…
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Japanese yen weakens, USDJPY hits 38-year high despite intervention fears By Investing.com
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Investing.com — The Japanese yen fell further on Thursday, with the USD/JPY pair rising to its highest points in 38 years while surpassing previous levels that traders believed would attract Japanese government intervention. The yen pair, which measures the number of yen needed to buy one dollar, rose to 160.81…
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Shardeum Empowers Blockchain Scalability And Decentralization With Atomium Incentivized Testnet
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In the rapidly evolving world of blockchain technology, scalability and decentralization have emerged as two of the most pressing challenges facing the industry. Chardium, a leading layer-one blockchain, set out to address these issues head-on with its innovative “dynamic state partitioning” approach. As Shardeum prepares to take a significant step…
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Shardeum Empowers Blockchain Scalability And Decentralization With Atomium Incentivized Testnet
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In the rapidly evolving world of blockchain technology, scalability and decentralization have emerged as two of the most pressing challenges facing the industry. Chardium, a leading layer-one blockchain, set out to address these issues head-on with its innovative “dynamic state partitioning” approach. As Shardeum prepares to take a significant step…
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Your Apple Watch or Fitbit may be a breeding ground for E. coli and staph bacteria. Here’s how to clean your fitness tracker
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Your fitness tracker probably has a dirty little secret, and it’s not about the number of steps you take. Several TikTok users took to the platform to share that they had developed rashes as a result of wearing their smartwatches. Some discovered they had a connection Dermatitiswhich can be uncomfortable…
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Daily Broad Market Recap – June 26, 2024
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Dollar dominance was the name of the game, as risk-off sentiment lifted the safe-haven currency across the board while dragging commodities south. However, stronger than expected inflation data gave the Australian dollar a fighting chance. Read on to see how the rest of the major currencies and asset classes fare!…
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U.S. moves $240m Silk Road Bitcoin to Coinbase
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Bitcoin fell 2% after the US government transferred 3,940 bitcoins seized from a Silk Road vendor. Bitcoin (BTC) has come under selling pressure after the US government transferred $240 million worth of cryptocurrencies to a Coinbase Prime address. Arkham Intelligence said the 3,940 BTC sent to Coinbase were originally seized…
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PS contradicts Safaricom, Airtel on Internet outage
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An internet outage that hit Kenya on Tuesday at the height of anti-finance bill protests across the country may have been “sabotage”, a senior government official has claimed, adding to the mystery around the incident. Radio and Communications PS Edward Kisianjani said saboteurs may have exploited the demonstrations to discredit…
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Scotia thinks the June BoC cut was a policy mistake
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The Bank of Canada’s preferred core inflation measures, such as the trimmed average and weighted average CPI, rose in May, indicating a re-acceleration of core inflationary pressures. Inflation of basic services, including shelter costs, remains very high. Shelter inflation is growing, as rents continue to rise and other drivers of…
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Scotia thinks the June BoC cut was a policy mistake
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The Bank of Canada’s preferred core inflation measures, such as the trimmed average and weighted average CPI, rose in May, indicating a re-acceleration of core inflationary pressures. Inflation of basic services, including shelter costs, remains very high. Shelter inflation is growing, as rents continue to rise and other drivers of…
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Somebody Sent Julian Assange $500,000 In Bitcoin
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Julian Assange’s Bitcoin wallet received $500,000 worth of Bitcoin from a mystery donor on Tuesday, on-chain data showed. The donation comes after the whistleblower was released from Belmarsh maximum security prison in the UK on Monday, after reaching a deal with US authorities after five years behind bars. Bitcoin brings…
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Strong networks are key to success for business owners
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There are many great reasons to start a business – research from American Express reveals that many entrepreneurs start their own business to have the freedom to run their business (51%), enjoy a better work-life balance (42%) and feel happier and more fulfilled (38% ). To ensure long-term business sustainability,…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…